(FE) Oil marketing company Hindustan Petroleum Corporation is looking to tap the overseas bond markets by issuing 10-year dollar bonds, debt market sources said. “The size of the issue is likely to be close to $500 million, although nothing is concrete as of now. Offshore markets seem to be conducive at present and we expect the yields to remain soft,” said an investment banker. The 10-year US Treasury yield — usually taken as a benchmark for pricing overseas issues — is currently trending close to 2.24%. The issue is likely to be a ‘Regulation S’ in which investors from Asia…
Author: Aruna Sharma
(AU) सिक्किम सेक्टर में भारत-चीन के सैनिकों के बीच धक्कामुक्की के बाद दोनों देशों में बढ़े गतिरोध के बीच सेना प्रमुख जनरल बिपिन रावत बृहस्पतिवार को सिक्किम का दौरा करेंगे। सेना प्रमुख इस सीमाई राज्य में ऑपरेशनल मामलों का जायजा लेंगे और फार्मेशन हेडक्वार्टर में शीर्ष कमांडरों से मुलाकात करेंगे। दोनों देशों के बीच सीमा विवाद को लेकर गहमागहमी है। वहीं मानसरोवर यात्रा पर गए भारतीय तीर्थयात्रियों के दो जत्थों को चीन ने नाथूला-पास से आगे नहीं बढ़ने दिया जिसकी वजह से उन्हें यात्रा से वापस लौटना पड़ा। वहीं चीन ने बुधवार को भारत और भूटान से लगी सीमा पर पुराने बंकर…
(PTI) Union Minister of Petroleum and Natural Gas Dharmendra Pradhan has said that the government plans to increase Indraprastha Gas Limited’s (IGL) business from the current Rs 4000 crore to Rs 30,000 crore. The minister added that IGL caters to over 4 lakh commercial vehicles in Delhi, of these vehicles 80,000 are auto-rickshaws, 2.5 lakh taxis and 1 lakh commercial buses, this number does not include private vehicles which use Compressed Natural Gas (CNG). Recently the price of CNG was hiked by 35 paise per kg and the price of Piped Natural Gas (PNG) was hiked by 81 paise last…
It has come to the notice of the Government of India regarding a news item appearing in some section of the Press that Government of India is trying to privatise the National Aluminium Company Limited (NALCO) through buyback and offer for sale (OFS). Due to such news items, NALCO is facing agitation by its workers. The Ministry of Mines in order to clear any misleading information would like to clarify that NALCO is a prestigious Navratna Central Public Sector Enterprise and the Central Government appreciates its role in the progress of the country as well as State of Odisha. The…
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD). (i) ‘In principle’ approval for considering strategic disinvestment of Air India and five of its subsidiaries. (ii) Constitution of an Air India-specific Alternative Mechanism headed by Minister of Finance including Minister for Civil Aviation and such other Minister(s) to guide the process on strategic disinvestment from time to…
(AU) शिवपाल यादव ने मंगलवार को सीएम योगी आदित्यनाथ से गुपचुप मुलाकात की। यह मुलाकात इतनी सीक्रेट थी कि सीएम के शेड्यूल में भी इस मुलाकात को नहीं रखा गया। हालांकि शिवपाल और सीएम योगी की इस गुपचुप मुलाकात के अभी तक कयास ही लगाए जा रहे हैं। शाम तक शिवपाल यादव का स्टाफ भी इस मुलाकात को लेकर इनकार करता रहा। बता दें सीएम योगी से शिवपाल यादव की यह दूसरी मुलाकात है। इससे पहले शिवपाल यादव 5 अप्रैल को सीएम योगी से मिले थे।
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for development of six laning of Chakeri-Allahabad section of National Highway (NH) – 2 in Uttar Pradesh. The cost is estimated to be Rs.3691.09 crore including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road to be developed is approximately 145 kms. This work will be done under National Highways Development Project (NHDP) Phase V on Hybrid Annuity Mode. The project will help in expediting the improvement of infrastructure in Uttar Pradesh and in…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the recommendations of the 7th CPC on allowances with some modifications. The revised rates of the allowances shall come into effect from 1st July, 2017 and shall affect more than 48 lakh central government employees. While approving the recommendations of the 7th CPC on 29th June, 2016, the Cabinet had decided to set up the Committee on Allowances (CoA) in view of substantial changes in the existing provisions and a number of representations received. The modifications are based on suggestions made by the CoA in its Report submitted…
(ET) Solar energy is displacing fossil fuels across the globe. But in India, it is helping boost sales of diesel and petrol at filling stations. As petrol pumps start using solar energy, many of them, especially in the hinterland with ample sunlight, are reclaiming as much as 10 per cent of sales earlier lost due to inadequate and erratic grid power supply. Some of the newer pumps have opted for solar only to avoid the higher cost of grid power. “Solar is not just about being environment-friendly. It is paying off financially as it helps raise sales as well as…
(DJ) उत्तराखंड में बारिश का दौर जारी है। कई स्थानों पर बादल छाए हैं तो कहीं हल्की फुहारों के साथ बारिश हो रही है। वहीं बारिश के दौरान भूस्खलन होने से चमोली जिले में बदरीनाथ हाईवे लामबगड़ व मैठाणा के पास अवरुद्ध हो गया। करीब साढ़े सात घंटे बाद दोनों स्थानों से मलबा हटाकर इस मार्ग को खोला गया। वहीं, केदारनाथ, गंगोत्री व यमुनोत्री यात्रा सुचारु है। उत्तराखंड में पौड़ी, चमोली, रुद्रप्रयाग, उत्तरकाशी सहित कई स्थानों पर रात भर बारिश होती रही। वहीं, सुबह रुड़की, चंपावत और देहरादून के कुछ इलाकों में बारिश हुई। कई स्थानों पर रुक-रुक कर बारिश…